Wednesday ticker.

Suit Alleges Monopoly

February 15, 1995

General Parcel Service Inc. said it is suing United Parcel Service Inc. for allegedly monopolizing the market for parcel delivery service between businesses in Georgia and Florida. General Parcel, based in Jacksonville, Fla., alleges in the suit, filed in a federal court in Atlanta, that UPS offered discounts to the customers of smaller competitors such as General Parcel to encourage those customers to deal exclusively with UPS.